the stock has tested the 1815 level 11 times on daily timeframe. now tock is consolidating in a tight range . if it retraces to 1815 level for retesting can give a excellent risk to reward ,the target can be 1930 level.
CHOLAFIN WAS IN STRONG UPTREND . CURRENTLY PRICE CONTAINED IN A BULL CHANNEL. BUY AT THE LOW & SELL THE HIGH. UPPER AND LOWER WICKS AT TOP AND BOTTOM OF THE CHANNEL JUSTIFIES THE PRICE ACTIONS.